Natural gas prices continued their downward trend during last week. By Friday the Henry Hub (short term delivery) tumbled down by nearly 6%. I have referred to tumble of natural gas prices in a recent post. Following these developments the…
Many commodities changed direction and declined on Wednesday: crude oil price (WTI) decreased while Brent oil increased again on Wednesday; gold edged up while silver slipped; natural gas Henry Hub (September delivery) and spot prices also fell. The Euro declined…
Many commodities continued trade up during yesterday: crude oil price including WTI and Brent oil increased again on Tuesday; gold edged down while silver price increased; natural gas Henry Hub (September delivery) and spot prices also rose. The Euro edged…
Natural gas prices started the week on a positive note but this trend has changed on during the second part of the week. By the end of the week natural gas rates tumbled down. I have referred to this change…
Major commodities declined during the second day of August after there weren’t any changes in the monetary policy of the major Central Banks including FOMC and ECB: crude oil price (WTI) fell while Brent oil edged up on Thursday; gold…
Natural gas prices changed direction and tumbled down during the last few days after they had increased during the past few months. There are some who think there will be a change in the warmer than normal weather in the…
Major commodities were traded with mixed trend during the first day of the month: crude oil price (WTI) rose while Brent oil decreased again on Wednesday; gold and silver prices continued to decline; natural gas Henry Hub (August delivery) and…
Natural gas prices started off the week rising but soon after they have changed direction and tumbled down throughout the remainder of week. Following these developments the difference between future and spot shifted from Contango to Backwardation. The NG storage…
Natural gas prices didn’t do much during the past few days as they have zigzagged with an unclear trend. The warmer than normal weather is keeping the demand for natural gas robust. The total demand rose last week mainly due…
Most major commodities didn’t do much during yesterday’s trading: crude oil (WTI) price edged up while Brent oil declined; gold price edged up while silver slipped. Natural gas Henry Hub (August delivery) and spot price continued to trade up.…